Helen of Troy (NASDAQ:HELE) Posts Quarterly Earnings Results, Misses Expectations By $0.60 EPS

Helen of Troy (NASDAQ:HELE) posted its quarterly earnings data on Tuesday. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.60), Briefing.com reports. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The company had revenue of $416.80 million for the quarter, compared to analysts’ expectations of $445.85 million. During the same quarter last year, the business posted $1.58 EPS. The business’s quarterly revenue was down 12.2% compared to the same quarter last year. Helen of Troy updated its FY25 guidance to $7.00-7.50 EPS and its FY 2025 guidance to 7.000-7.500 EPS.

Helen of Troy Trading Up 3.2 %

Helen of Troy stock traded up $1.98 during trading hours on Thursday, reaching $63.74. The stock had a trading volume of 794,581 shares, compared to its average volume of 316,495. The stock has a market cap of $1.45 billion, a PE ratio of 8.75, a PEG ratio of 1.38 and a beta of 0.84. Helen of Troy has a 52 week low of $60.00 and a 52 week high of $143.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.87 and a quick ratio of 0.99. The company has a fifty day simple moving average of $98.88 and a 200-day simple moving average of $109.30.

Analysts Set New Price Targets

HELE has been the topic of several recent research reports. Canaccord Genuity Group reduced their target price on shares of Helen of Troy from $137.00 to $84.00 and set a “buy” rating on the stock in a report on Wednesday. UBS Group reduced their target price on shares of Helen of Troy from $100.00 to $72.00 and set a “neutral” rating on the stock in a report on Wednesday. DA Davidson lowered shares of Helen of Troy from a “buy” rating to a “neutral” rating and reduced their target price for the company from $139.00 to $67.00 in a report on Wednesday. Finally, StockNews.com lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday.

Institutional Investors Weigh In On Helen of Troy

A number of large investors have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System grew its holdings in Helen of Troy by 1.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock worth $784,000 after acquiring an additional 100 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Helen of Troy by 5.3% in the 1st quarter. SG Americas Securities LLC now owns 2,239 shares of the company’s stock worth $258,000 after purchasing an additional 112 shares during the period. Strong Tower Advisory Services lifted its position in shares of Helen of Troy by 8.7% in the 4th quarter. Strong Tower Advisory Services now owns 2,368 shares of the company’s stock worth $286,000 after purchasing an additional 190 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of Helen of Troy by 1.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 11,271 shares of the company’s stock worth $1,299,000 after purchasing an additional 198 shares during the period. Finally, CWM LLC lifted its position in shares of Helen of Troy by 374.6% in the 2nd quarter. CWM LLC now owns 280 shares of the company’s stock worth $26,000 after purchasing an additional 221 shares during the period.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.